Reinforcing its commitment to accelerate the startup ecosystem in India, Microsoft launched the 100X100X100 program for B2B SaaS startups in India today. A first of its kind program in India, this initiative will bring together 100 committed companies and 100 early and growth startups that have enterprise-ready solutions to offer. Each participating company will commit to spend USD 100K over a course of 18 months on solutions provided by the SaaS startups. More than 50 startups are part of the program at launch.
Anant Maheshwari, President, Microsoft India, said, “India has one of the largest B2B SaaS startup ecosystems in the world, and it’s growing exponentially. This initiative will help build scale and create amazing opportunities for startups. Businesses can now fast-track their digital journeys through easy adoption of enterprise-grade solutions. We’re excited to see the outcomes of these partnerships.”
Launched under the aegis of Microsoft for Startups, the 100X100X100 program will help enterprises fast track their digital transformation through faster adoption of SaaS solutions. It will make available a variety of curated, ready to launch, enterprise grade solutions from startups with a proven track record. At the same time, it will aim to create a profitable domestic market for the fast growing Indian B2B SaaS startup segment by increasing their revenue and customer base.
The initiative is open to Microsoft co-sell enabled startups associated with Microsoft India with Startups.
As part of the program, these startups will also have access to regular speed-contracting sessions with prospective customers at Microsoft industry and customer events. The program will be conducted with the support of ecosystem partners and industry associations including the Bengaluru, Delhi and Mumbai Chapters of The Indus Entrepreneurs (TiE).